Steve Spiro’s Blog

California's housing market is highly competitive due to high demand and low supply. There are various programs and people that can help first-time buyers make their home buying dream a reality, including U.S. Bank's new home buying assistance program. It is important to consider what you need and want in your first home, calculate a…

The past decade has seen strong growth in home prices, and experts anticipate this trend to continue in the coming years. Projections suggest that real estate values will continue to increase over the next few years. Continue to full article

California The median sold price in May: $836.1K, ↓ 6.4%, and the number of sales ↓ 23.6% yearly SF Bay Area The median sold price in May : $1.3MK, ↓ 11.3%, and the number of sales ↓ 23.8% yearly Far North The median sold price in May : $380K, ↓ 10.6%, and the number of…

California and New York are the most expensive states for homeowners, based on a recent study. The study analyzed census data and compared avg yearly housing costs to median income.

Another reason you could be denied a mortgage might have to do with your income. You'll use the money in checking for bills, but will also likely be able to access it easily by taking cash out of an ATM or by using your debit card to charge purchases.If you have your savings intermingled with…

Sales for single-family homes in California ↓ 20% yearly and ↓ 4% MoM in June 2023. The number of closed escrow sales in June was approximately 277,500.

If you are selling a house and need to find somewhere to live in between buying and selling, there are several options available. A rent-back agreement, short-term rentals and sublets, and Airbnb and vacation rental services are all possibilities. Each option has its own advantages, from convenience and flexibility to the comforts of home, so…

An FHA loan is a government-insured loan that offers financing to buy a home with a low credit score, a small down payment, and a cap on closing costs. To find the best FHA mortgage lender, you should shop around banks, credit unions, and mortgage companies. A private lender will offer and underwrite the loan,…

San Diego has surpassed San Francisco in avg rental rates in June. Resultantly, it has become the nation's third most expensive rental market.

Homeowners insurance rates in California are rising sharply due to climate change. Some insurers are no longer writing new policies in California, leaving fewer options for homeowners. If your policy is non-renewed, you should start shopping for a new policy immediately.